Cleveland East

NEOtrans business, development, real estate, construction and market trend news from the East side of Cleveland

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New pathogen center heralds start of Innovation District

Earlier this year, state and local officials announced the launch of the Cleveland Innovation District and the availability of $565 million in public funds to get it rolling. Not wasting any time, Cleveland Clinic Foundation (CCF) has issued a request for proposals (RFP) to firms to design and build a research campus led by a new Global Center for Pathogen Research & Human Health. The RFP provides a little more clarity on what CCF has in mind for the research campus and pathogens center.

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University Heights OKs 30-unit townhouse development

As part of University Heights’ initiative to increase the city’s population through housing investment, the northwest corner of the city will soon gain a new 30-unit townhouse development. The project, called South Taylor Place, should see construction start in July following the April 15 approval by the city’s Architectural Review Board.
Knez Homes will build the market-rate townhouses on 0.7 acres the firm acquired just north of Cedar Road. Knez, one of Northeast Ohio’s largest homebuilders, purchased the land in March from the University Heights City Beautiful Corp. for $7,000, according to county records.

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ARPI Apartments to continue Hough’s residential growth

Construction could get underway in June on a 42-unit apartmentbuilding on East 93rd Street in Hough, led by ARPI DevelopmentLLC. Thanks to meeting the right people, the project moved fromidea to the cusp of construction in just eight months (GLSD). City Planning Commission today approved plans for a new apartment building in Cleveland’s Hough neighborhood,

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Little Italy development site back in play

After many years of false starts and litigation, a large vacant parcel at the north end of Little Italy is back in play for a new real estate development.

Property owner University Circle Inc. has selected a partnership of Property Advisors Group of Beachwood and M. Panzica Development of Cleveland to develop what is called the Woodhill Supply site. The vacant 2.14-acre property is located in the 1800 block of East 123rd Street and Coltman Road.

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Reno, new-build planned at Ford, Hessler in University Circle

Two high-profile properties owned by University Circle Inc. (UCI) are proposed to be sold to a partnership led by two men with experience in developing real estate in the University Circle area.

The partnership comprised of Russell Berusch and Rick Maron propose to renovate the exteriors and modernize the interiors of two historic buildings on Ford Drive. They also want to add a four-story building on Hessler Road, behind the Ford dwellings. The new building would be filled with 23 micro-unit apartments.

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First new multi-family housing in a century planned on Clark Ave.

Clark Avenue is one of those strange streets in Cleveland with an odd mix of buildings.
It has a lot of older structures. On the sidewalks are storefronts and taverns topped by a few apartments. There’s a scattering of light industrial buildings from the 1800s and early 1900s. And then there’s all those newer single-use buildings — mostly fast-food restaurants and small-box stores — set back behind lots of pavement and empty parking spaces.

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Health-Tech Corridor to see a busier 2021

On most days, Jeff Epstein is a very busy man. Not only is he executive director of the community development corporation MidTown Cleveland Inc., he also heads up the Health-Tech Corridor.

The Health-Tech Corridor is a decade-old collaboration between MidTown Cleveland, BioEnterprise, The Cleveland Foundation and the City of Cleveland. It works to attract and grow health technology businesses to the corridor linking Downtown and University Circle.

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University Circle’s tallest may see groundbreaking by Spring 2021

Plans for what would be the tallest building in Cleveland’s University Circle received final approval today from the City Planning Commission. The swift and unanimous approval of The Artisan, 10600 Chester Ave. in the new Circle Square district allows the development consortium led by Midwest Development Partners to apply for a building permit from the city.

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